M Core Expands Holdings with £35 Million Acquisition of Southampton’s Antelope Retail Park

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In a strategic move to fortify its standing as one of the UK’s leading privately held commercial property collectives, M Core has recently completed the acquisition of Antelope Retail Park in Southampton for £35 million. This transaction is a pivotal element in M Core’s broader initiative, marking the company’s entry into a multi-retail center acquisition strategy. Antelope Retail Park, the crown jewel in this endeavor, encompasses an expansive 138,000 sq ft.

Anchoring this prime commercial property are nationally recognized retailers, cementing its significance within M Core’s growing portfolio. Distinguished brands at the park include The Range, Lidl, Ninja Warrior, KFC Drive-Thru, The Gym, Greggs, and Costa Coffee. The diverse and successful tenancy establishes Antelope Retail Park as a cornerstone asset within M Core’s expanding collection.

In reflecting on the acquisition, the Managing Director of LCP group stated, “Recognizing the imperative nature of acquiring such a high-quality, multi-site portfolio across the UK was paramount.” He underscored the strategic significance of these assets, strategically positioned in affluent areas, seamlessly aligning with M Core’s investment goals.

“In the current fiscal year alone, M Core has injected over £125 million into various retail ventures across the country, with an unwavering commitment to active acquisitions. Our adept asset management team is actively scouting opportunities nationwide, armed with £300 million in funds dedicated to investments ranging from £1 million to £100 million.”

This strategic move aligns with M Core’s proactive investment strategy, evident in their commitment to infusing over £125 million into various retail ventures across the UK this year alone. The company remains notably active in the acquisitions landscape, with a robust asset management team strategically identifying opportunities across the nation. M Core presently boasts a formidable £300 million fund earmarked for investments in assets ranging from £1 million to £100 million.

Within the extensive portfolio are eight additional centers and convenience stores, including a substantial Matalan store covering 37,005 sq ft situated off St George’s Way in Newport on the Isle of Wight. This diverse collection of assets showcases M Core’s commitment to a broad investment approach, covering shopping centers, retail parks, and convenience parades.

The acquisition of Antelope Retail Park further solidifies M Core’s standing as a major player in the UK’s commercial property sector. With a track record of investing over £560 million in the last three years alone across 90 shopping centers, retail parks, and convenience parades, M Core remains at the forefront of shaping the nation’s retail landscape.

As the retail sector undergoes dynamic changes, M Core’s strategic investments position the collective to navigate challenges effectively while capitalizing on emerging opportunities. The company’s focus on management and improvement, coupled with a commitment to maintaining a diverse mix of well-performing national occupiers and retailers, underscores its dedication to delivering sustained value to investors and contributing to the vitality of retail destinations nationwide.

In a landscape where adaptability is key, M Core’s proactive stance and substantial investment portfolio affirm its role as a driving force in shaping the future of commercial real estate in the UK. As the company continues to actively pursue opportunities, its recent acquisition of Antelope Retail Park serves as a testament to its vision and commitment to excellence in the ever-evolving world of commercial property.

Sam Allcock
Sam Allcockhttps://newswriteups.com/
Founder | Head of PR Sam is a valuable asset to News Write Ups with his extensive knowledge in online PR, social strategy, e-commerce, and news websites. He brings industry-leading expertise and has a track record of delivering successful campaigns for clients. With his skills and experience, Sam plays a key role in ensuring that News Write Ups stays ahead of the competition and continues to provide high-quality content and services to its readers and partners. sam@newswriteups.com

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